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Metaplanet targets Japan’s $7.1 trillion idle household cash with Bitcoin yield move
Jun 12, 2026
< 1 min read
by Ibiam Wayas
for CryptoPolitan
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Metaplanet announced it has agreed to acquire 100% of Siibo Securities, a Japanese Bitcoin treasury firm, in a deal announced Friday by CEO Simon Gerovich as part of a strategy to access Japan’s estimated $7.1 trillion pool of idle cash and deposits. The acquisition targets Bitcoin adoption and yield market opportunities in Japan, signaling corporate expansion in crypto treasury services and potential fundraising and adoption channels for Bitcoin.
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Metaplanet is looking to tap into Japan’s yield market with Siibo Securities, targeting a $7.1 trillion pool of idle cash and deposits with Bitcoin. In a post on Friday, Metaplanet CEO Simon Gerovich announced the Japanese Bitcoin treasury firm has reached an agreement to buy 100% of Siiibo Securities, in a deal reportedly worth 2.1...
